Maciej Beręsewicz
Real Estate Market Analysis
real estate delimited area of lands with all the buildings and facilities (artificial improvements to lands, such as buildings, sewers, pavements, fences and wells) established on it (common meaning)
Real Estate Market:
Real Estate Market – By the real estate market we mean the whole set of conditions which create the frame for the transfer of property rights connected with the ownership of real estates, for contracts setting. These contracts create new rights and obligations for real estates.
Criterions used for real estate market division:
According to spatial criterion:
„Actors” acting on real estate market:
Source: Statistical Research Program of Public Statistics for 2017
Source: Statistical Research Program of Public Statistics for 2017
Source: http://www.nbp.pl/homen.aspx?f=/en/publikacje/inne/real_estate_market_pre.html
Basic characteristics of real estate market in Europe and Poland
The house price index, abbreviated as HPI, is an index that measures the changes in the transaction prices of dwellings purchased by households.
The HPI (Housing Price Index) shows the price changes of residential properties purchased by households (flats, detached houses, terraced houses, etc.), both newly-built and existing ones, independently of their final use and independently of their previous owners.
HPIs are computed as Laspeyres-type annual chain indices allowing weights to be changed each year.
The European Union HPIs are calculated as weighted averages of the national HPIs, currently using as weights the GDP at market prices (based on PPS) of the countries concerned.
House price indices - euro area and EU aggregates; index levels (2010 = 100), 2016Q3. Source: Eurostat
House price indices - euro area and EU aggregates; annual growth rate, 2016Q3. Source: Eurostat
Deflated house price index euro area and EU aggregates; index levels (2010 = 100) – 2016Q3. Source: Eurostat
Source: Real Estate Market Sales 2015
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
Source: GUS
EU-SILC methodology – LINK
Source: https://circabc.europa.eu/faces/jsp/extension/wai/navigation/container.jsp
Distribution of population by dwelling type, 2015 (% of population). Source: Eurostat
Distribution of population by tenure status, 2015 (% of population). Source: Eurostat
The overcrowding rate describes the proportion of people living in an overcrowded dwelling, as defined by the number of rooms available to the household, the household’s size, as well as its members’ ages and their family situation.
A person is considered as living in an overcrowded household if the household does not have at its disposal a minimum number of rooms equal to:
The population at risk of poverty people living in households where equivalised disposable income per person was below 60 % of the national median.
Overcrowding rate, 2015 (% of specified population). Source: Eurostat
The severe housing deprivation rate is defined as the proportion of persons living in a dwelling which is considered as being overcrowded, while having at the same time at least one of these aforementioned housing deprivation measures.
Housing deprivation is a measure of poor amenities and is calculated by referring to those households with a leaking roof, no bath/shower and no indoor toilet, or a dwelling considered too dark.
Overcrowding rate, 2015 (% of specified population). Source: Eurostat
The housing cost overburden rate is the percentage of the population living in households where the total housing costs (‘net’ of housing allowances) represent more than 40 % of disposable income (‘net’ of housing allowances).
Housing cost overburden rate by tenure status, 2015 (% of specified population). Source: Eurostat
Selected data on the dwelling conditions of households by regions. Source: GUS
Selected data on the dwelling conditions of households by regions. Source: GUS